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How to Spot Payday Loan Scams

By Sandra HayesJune 21, 2021May 29, 2021

Although we’ve known about payday loan scams for more than a decade, it still costs consumers over $500 million in each. The scam works like this: you’ll get a call pretending to be a collection agency representative. That person says you need to pay your outstanding balance on a payday loan. You’ll get asked to …

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Tags: identity theft payday loans scams security
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